Section 23 of the Prevention of Money Laundering Act, 2002 presumption continues unless:
The PMLA s.23 presumption stands "unless otherwise proved to the satisfaction of the Adjudicating Authority or the Special Court". Only rebuttal before those bodies…
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Section 23 of the Prevention of Money Laundering Act, 2002 presumption continues unless:
Answer and explanation
Correct answer B
The PMLA s.23 presumption stands "unless otherwise proved to the satisfaction of the Adjudicating Authority or the Special Court". Only rebuttal before those bodies displaces it; neither a Government notification nor the grant of bail ends it.